yellow belly
Member
- Location
- south west lincolnshire
Only if farmers sell /give it away
Combinables Price Tracker
- Thread starter Jerry
- Start date
£95 under the October / November peak.
But the fundamentals have barely changed…
Won't the turkeys eat it all though faced with all that wheat?
Oilseed
Member
- Location
- North Cambs
They won't at Christmas.
- Location
- Huntingdon
They have though
At its peak;
India banned exports but then subsequently carried on exporting.
Ukrainian wheat was not accessible at all, but then is in various round about ways but no where near enough to bring prices right down.
We weren’t gonna make it to harvest with out running out, and we have.
Like them over loath them the money men managing big funds drove the wheat market way past where it would have naturally gone. They have lost interest for now due to a lack of fresh bullish news and so have sold out of their positions. Will they be back to drive it up again, possibly, could they over sell it on the downside, more than likely. Was the market over cooked at its peak, probably. They do however give fluidity to a market, they enabled people to sell at prices far above where mills were prepared to pay, so for those that did well done.
The interesting time will be May onwards next year, as tight stcks should be even tighter, will Ukraine exports be sorted by then, maybe, but not like they would have been normally.
Nothing goes up for ever or down forever.
by falling it may tighten the job more as it gives end users an opportunity to buy at levels they can make money at.
C B
- Location
- Lincolnshire
There is word that the Indian harvest could be as low as 82mt. In that case, they will be importing 18mt.
Money is flowing out at the moment. The usual downward swing is being enhanced by the outflow of fund money.
The world S&D is not that much changed, no matter what the USDA will say. A slightly less bad French crop will not make up for whats going on in Oklahoma, or to corn in North Dakota. It just may take a while for reality to catch up. But then, ive got 12 months to think about that.
Money is flowing out at the moment. The usual downward swing is being enhanced by the outflow of fund money.
The world S&D is not that much changed, no matter what the USDA will say. A slightly less bad French crop will not make up for whats going on in Oklahoma, or to corn in North Dakota. It just may take a while for reality to catch up. But then, ive got 12 months to think about that.
livestock 1
Member
It’s going by ship and Russia is selling it
With Turkey taking a cut no doubt!
livestock 1
Member
I think they are buying it don’t know what they are doing with it. There’s ships been tracked to the Black Sea turned tracker off loaded up then away to offload
If somebody wanted to know it wouldn't be hard to track a bulk carrier at 12/15 knots
livestock 1
Member
I watched it on the bbc they have it on satellite as well as tracker I suppose it’s petty crime compared to what else is happening over there but relevant to us
Just so you don't have to, I've popped over and taken some pictures in Saskatchewan this afternoon.
Don't buy the "World awash with wheat" line
.
Most grain producing areas of central prairies are running as much as month late with seeding, and plenty of waterlogging still evident, quite a bit won't be planted at all,and early frosts at harvest would be very damaging to such late crops.
Not too much optimism evident yet.
Don't buy the "World awash with wheat" line
Most grain producing areas of central prairies are running as much as month late with seeding, and plenty of waterlogging still evident, quite a bit won't be planted at all,and early frosts at harvest would be very damaging to such late crops.
Not too much optimism evident yet.
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Whats the current situation with the Canola crop?
Tbf although its wrong russia is stealing grain at least somebody somewhere is getting supplied and will be one less customer later on.
livestock 1
Member
Well that’s one theory yes.
Another problem is because Russia is stealing Ukrainian grain the Ukrainian farmers in some cases have decapitated their harvesting equipment so crops can’t be won.
That’s what is still in the ground not though not what’s in the ports
lloyd
Member
- Location
- Herefordshire
Harvest pressure but of course the UK wheat harvest isn't in the shed
yet .Can you tell me the weather in the second part of July early August
please?
fw ha ha
lloyd
Member
- Location
- Herefordshire
Wow the farmers weekly are really on the ball.
Let’s hope it’s still funny come the autumn, good news for all livestock producers though.